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Saturday, October 31, 2009

Apple AAPL Stock Analysis November 2009

The following is technical analysis of Apple Inc. (AAPL) stock for November 2, 2009.

Apple Inc. (AAPL) Support & Resistance Levels - 11/2/09

Resistance Levels: $198, $200, $208.71

Support Levels: $185, $183.17, $180


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Apple Inc. (AAPL) continues to plunge after better then expected earnings were released two weeks ago. The stock is now retesting the 50 day moving average I talked about in my last chart analysis. Support is located at $185 and $183.17. A close below these two levels would be very bearish. On the upside, I am only a fan of Apple above $200 where it has strength. For More Technical Analysis - Go Here

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